M&C Corporation Ltd · Registered in England
A private company that invests its own capital.
M&C holds long-dated positions in commodities, critical materials and listed equities. It manages no money for anyone else and makes no offer of any kind to the public.
Profile
Small, slow, and deliberately unleveraged.
M&C Corporation Ltd is a privately held investment company. Its capital comes from its shareholders and from retained profits. It does not accept subscriptions, does not pool third-party money, and does not operate any fund.
The company takes positions it expects to hold for years rather than quarters, concentrated in a small number of themes where the people running it have direct operating or advisory experience — principally the physical materials underpinning electrification and power generation.
Activity is intentionally low. In most years the company makes a handful of decisions. The intent is durability rather than turnover, and the company is content to sit in cash when nothing meets its criteria.
Holdings · Materials
Five elements account for most of the book.
-
U
92 · Uranium
Nuclear fuel cycle
Reactor newbuild and life extension against two decades of underinvestment in primary supply.
-
Cu
29 · Copper
Grid and transmission
Every megawatt moved needs conductor. Grade decline at existing mines is structural.
-
Li
3 · Lithium
Storage chemistry
Cyclical and oversupplied at times, but the incumbent chemistry for grid and vehicle storage.
-
C
6 · Graphite
Anode material
The larger half of a cell by mass, with refining capacity concentrated in a single jurisdiction.
-
Au
79 · Gold
Reserve asset
Held physically and through producers. Ballast, not a return-seeking position.
Holdings · Other
- Listed equities
- Power · Industrials · Mining
- Physical precious metals
- Allocated · Insured storage
- Private and pre-listing positions
- Minority · Illiquid
- Cash and near-cash
- Sterling · US dollar
Principal
Garnet Harrison
Garnet Harrison founded M&C in 2019 and is its sole director. He has spent over twenty years in asset management and executive search, in roles spanning London, Hong Kong, Singapore and the wider Asian markets.
His earlier career includes positions at Schroder Investment Management and Heidrick & Struggles, advising financial institutions and trading houses on market entry and organisational strategy.
He holds directorships in other companies, and M&C has holdings in businesses he is connected with. Those interests are set out below and disclosed in the company's filed accounts.
- Director, M&C Corporation Ltd
- Director, Pierre Rouge Capital Ltd
- Founder, Highland Cask Group
Contact
For corporate correspondence.
- garnet@themccorp.com
- Registered office
- 167–169 Great Portland Street, Fifth Floor
London, W1W 5PF, United Kingdom - Company number
- 12381434
- Note
- M&C does not respond to unsolicited approaches offering investments, introductions or capital-raising services.
Important notice
This website is published for general information about M&C Corporation Ltd and its activities. Nothing on it is an offer or invitation to buy or subscribe for any security or investment, an inducement to engage in investment activity, or advice or a recommendation of any kind.
M&C Corporation Ltd is not authorised or regulated by the Financial Conduct Authority. It does not carry on any regulated activity, does not manage assets for third parties, and does not accept external investment.
Any description of the company's holdings is a statement of its own position at a point in time and should not be read as a recommendation. The value of investments can fall as well as rise, and past performance is not a guide to future results.
Some of M&C's holdings are in businesses in which its director has a personal interest, including Highland Cask Group. Those holdings are not independently valued, and this website makes no representation as to what they are worth.